The Regulations extends to pooled superannuation trusts to provide annual reports on their websites, which were previously only available to regulated superannuation funds. The Regulation also exempts trustees from specific reporting requirements for periodic statements when the following circumstances apply: ...
ASIC’s review found that the adviser advised clients to opt-out of MySuper, claiming that the MySuper product had higher fees than the fee on their existing superannuation balances. However, this information was not correct for every client. ASIC states that subsequent to these emails, some m...
These articles provide general information and is not intended to constitute investment, employment or human resources, legal,accounting, assurance, financial services, modelling or planning advice, Mergers & Acquisitions, superannuation, cyber security, risk and governance, ESG, infrastructure, tax, R&D,...
it was not liable to make such payments and only did so on behalf of the horse owners and trainers, due to historical administrative practices. In other words, the Club had no liability to make superannuation guarantee contributions on behalf of the...
Submissions are due by 11 June 2021. APRA FAQ – Superannuation Data Transformation update (21 May 2021) APRA has further updated its FAQ’s on data transformation designed to clarify reporting issues raised by trustees. The FAQs cover reporting dates for the submission of data and questions on...